ADA: Trendline Resistance Holds

ADA is in falling under the trendline making lower highs. The price is once again testing the trendline at $2.232. The overall market is bullish so there is a strong probability of ADA breaking the trend line and a nice pull back can happen. The presence of strong support at 1.9-2 increases the likelihood of the triangle working upwards. The resistance we have above is $2.33 the level of October 09, 2021. Breakout above this area can trigger the price to 25th September’s high of $2.459, given BTC continues to dominate.